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    Arcus

    What is Arcus?

    Arcus is a decentralized exchange built by the dYdX Labs team in partnership with Robinhood Crypto. It runs on Robinhood Chain and lets users trade more than 95 tokenized stock tokens around the clock with zero fees on spot trades.

    Beyond spot, Arcus is rolling out perpetual futures covering equities, crypto, commodities, and indices. The platform is self-custodial, and tokenized stocks can be used as collateral for perps. Arcus launched spot trading in beta on July 1, 2026, with perps still in a closed beta and waitlist phase.

    Ongoing

    Arcus Airdrop Details

    dYdX Foundation CEO Charles d’Haussy has confirmed that Arcus will launch its own token. Allocation percentages, distribution mechanics, and a launch date have not been published.

    Key Parameters:

    • Airdrop Allocation: Not yet disclosed (dYdX community carve-out confirmed)

    • Distribution Method: TBA, likely tied to waitlist rank and trading activity

    • TGE Date: Not announced

    • Vesting Schedule: Not announced

    Right now, activity centers on two things: trading on the live spot market and climbing the perps waitlist. Waitlist position is weighted by referrals and by prior perps volume on dYdX v3, Hyperliquid, and Lighter, plus RWA volume through HIP-3, Cash, and TradeXYZ.

    How to Participate in the Arcus Airdrop

    Step 1: Visit Arcus and Sign Up

    Go to Arcus Exchange and create an account. You can sign up with Google or connect an existing wallet directly. Using our link also gets you 5% off trading fees.

    Step 2: Deposit Funds

    Deposit USDC, USDT, BTC, or any of the supported crypto into your Arcus account. If you don’t have any of these assets, you can buy them on Binance.

    Step 3: Trade Spot Stock Tokens

    Head to the spot section and trade any of the 95+ tokenized stocks. Spot trades are 0% fee, so this is the lowest-cost way to build activity on the platform.

    Step 4: Join the Perps Waitlist

    Perps are in closed beta. Visit My Arcus waitlist position, connect your X account and an EVM wallet, and follow Arcus on X to enter the queue.

    Step 5: Connect Your dYdX v4 Address

    Link a dYdX v4 wallet address and join the Arcus Telegram group. Both actions are listed as ways to move up your waitlist position, likely tied to the dYdX community allocation mentioned above.

    Step 6: Refer Other Traders

    Share your referral link to bring in other traders. Referrals boost your waitlist rank now, and Arcus has said referrers can earn up to 10% of a referred trader’s fees for life once the referral program is fully active.

    Tips for Maximizing Your Arcus Position

    Prioritize dYdX History: If you traded, staked, or otherwise participated with dYdX in the past, connecting that v4 address is one of the more concrete waitlist boosts available right now.

    Combine Perps Volume Across Venues: Waitlist rank counts volume from dYdX v3, Hyperliquid, and Lighter, so existing activity on any of those platforms carries over.

    Stay Active on Spot: With 0% fees on stock trades, there’s no cost barrier to keeping your account active while perps access rolls out.

    Frequently Asked Questions

    Is the Arcus Token Confirmed?

    Yes. dYdX founder Antonio Juliano confirmed Arcus will launch its own token, separate from DYDX. Allocation size, distribution method, and a launch date have not been announced yet.

    Do I Need to Trade to Improve My Waitlist Position?

    Trading isn’t required to join the waitlist, but prior perps volume on dYdX, Hyperliquid, or Lighter and RWA volume through HIP-3, Cash, or TradeXYZ both factor into your rank.

    Is Arcus Free to Use?

    Spot trading on tokenized stocks is 0% fee. Perps fees haven’t been published yet since the product is still in closed beta.

    Conclusion

    Arcus combines dYdX’s trading infrastructure with Robinhood Crypto’s tokenized stock lineup, giving users a working spot market today and a confirmed token on the way for a perps waitlist that rewards early, verifiable activity.

    Trading spot stocks, joining the perps waitlist, and linking a dYdX v4 address cost nothing beyond deposited capital and cover the main actions available today.

    You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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    Difficulty

    Easy

    Cost to Farm

    Medium

    Overview